It is reported that. The company is located in Santiago, Chile, and has a group of eFuels fuel production facility developers active all over the world. Among many projects, the company is building the "Haru Oni" electronic fuel pilot project factory in punta arenas, Chile.
The project was initiated by Porsche and participated by Siemens Energy and ExxonMobil. It is committed to using wind energy to produce fuel cells from green hydrogen and carbon dioxide. The plant is scheduled to be put into operation in mid-2022. This synthetic fuel based on electrolysis will enable the internal combustion engine to achieve near carbon neutral operation.
By investing in highly innovative fuel companies, Porsche and Chile's Andes mining & American energy companies (AME), EIG, Baker Hughes and Gem Investment Company participated in this round of international investment. So far, highly innovative fuel companies have received nine-figure dollars.
The additional funds will be used to develop industrial fuel production facilities in Chile, the United States and Australia, thus achieving considerable renewable energy supply.
"eFuels plays a key role in climate protection and is of great significance to strengthening our electrified travel. By investing in industrial eFuels fuel production, Porsche has further implemented the brand's commitment to sustainable travel. In general, our investment in R&D and the supply of this innovative technology have exceeded $654.38 billion. " Barbara Frenkel, a member of the Porsche Global Executive Board in charge of procurement, said.
Mr. Michael Steiner, a member of Porsche's global executive board and responsible for research and development, said: "By taking a stake in Chile's highly innovative fuel project company, Porsche is investing in an attractive business field. Synthetic fuel provides a good prospect for the whole transportation industry, including automobile, aviation and shipping. In addition, green methanol (e- methanol) is also an important raw material in other fields, for example, it can replace fossil fuels in the chemical industry. Green methanol is an intermediate product in the production of electric fuel. "
Porsche has been studying renewable fuels for some time. Tests in the lab and on the track are going well. Steiner said: "We regard ourselves as pioneers in the field of electric fuel and hope to promote the rapid development of this technology. This is the cornerstone of our overall very clear sustainable development strategy. "
Porsche plans to take eFuels produced in Chile as the core project of motor racing. In the future, eFuels may also be applied to the company's own internal combustion engine vehicles, such as initial refueling in factories and Porsche Experience Centers. Porsche's stake in Chile's highly innovative fuel project company has not been approved by the relevant antitrust authorities.